Jed, It is wise to reflect on the past so as not to repeat the same mistakes in the future. Burying one's head in the sand is useful only for suffocation
Regarding the "lives and money lost", there have been no lives lost in the greenie weenie renewable grab as of late and it has been YOUR money that has been lost through many ill-fated DOE loan guarantees, many of which, not just Solyndra will/are going belly up: Evergreen Solar (gone) Solyndra (gone) Solar Trust (gone) Ener1 (gone) First Solar (Officers sold a billion of their stock before it plummeted) A123 (on the cliff) Fisker (on the cliff) Sunpower (dog) BrightSource (dog, yet to prove anything) Just to name a few. What should be learned from this and applied to LENR is: Government should fund basic research across universites and nail down the science ($thousands and $millions) Government should fund private, pilot scale projects and R&D grants ($millions not $billions) and nail down the scale-up costs, etc. Government should back off on Billions in DOE loan guarantees for large capital projects and let venture capitalists and major corporations fund them. If it is REAL THEY WILL COME. To many fat cat venture capitalists, CEO's and officers are raping these DOE recipients by taking huge salaries and stock options and quickly going public before ever proving their worth. On Thu, May 31, 2012 at 10:43 AM, Jed Rothwell <[email protected]>wrote: > I find this whole subject of history's might-have-beens painful. It is so > awful to think about the lives and money lost, and the useless wars over > oil, I prefer not to think about it. I agree with Satchel Paige: "Don't > look back. Something might be gaining on you." > > - Jed > >
